ch 17 lesson 1 and 2 vocab

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Across
  1. 6. use as a customer
  2. 8. another word for household
  3. 9. amount produced
  4. 11. occurs when people, businesses, regions, or counties concentrate on goods or services that they can produce more efficiently than anyone else
  5. 13. to move ownership of something
  6. 14. either a good or service
  7. 15. categories
  8. 17. the degree to which resources are being used efficiently to produce goods and services
  9. 18. (2 words)the increase in a country's total output of goods and services over time
Down
  1. 1. (2 words)where goods and services are offered for sale
  2. 2. (2 words)the sum of people's knowledge and skills that can be used to create products
  3. 3. risk taking people who start and run a business
  4. 4. gross domestic product
  5. 5. (3 words)the breaking down of a job into separate smaller tasks to be performed individually
  6. 6. (3 words)shows how resources, goods and services, and money flow between businesses and consumers
  7. 7. made up of
  8. 10. (2 words) where factors of production are bought and sold
  9. 12. (3 words)the quality of life of the people living in a country
  10. 16. (2 words)for each person